The Blockchain Platform That Offers Indie Content Creators New Life in the Entertainment Industry

Indie content creators have been provided a breakthrough opportunity in the entertainment industry through the innovation by Blue Baikal. The blockchain platform which enables a decentralized ecosystem for key participants in the industry offer previously deprived groups the opportunity to benefit fully for the work that they do.

Who Controls the Entertainment Industry?

The current state of the entertainment industry puts small businesses in a lot of disadvantage. Due to the present risks and possibilities of failing, large investors are reluctant to commit funds into projects with non-established producers. This makes it difficult for newbies to compete effectively, no matter the quality of their work.

Intermediaries in the form of distributors and promoters who form the link between content creators and consumers take advantage of their strategic positioning to exert unhealthy control over other members of the industry. Hence, instead of having a friendly atmosphere where participants enjoy a seamless flow of work, what we have is a marketplace where competition is fierce and the frail have no chance of surviving.

By introducing a decentralized network, where there is no central control and every participant finds adequate compensation for their efforts, Blue Baikal returns the industry to an inclusive ecosystem that is self-proven.

What is the Solution to High Production Charges?

On Blue Baikal, every participant is a stakeholder with responsibilities and reward opportunities. It is a universal solution to the problems caused by centralized control from various aspects.

The transparency provided by using blockchain technology ensures that there are no shady transactions, while exorbitant charges are avoided. The unhealthy competition created by the minimal distribution channels of the current systems are eliminated, thereby automatically scaling down on the exaggerated commissions charged previously.

Until now, consumers have been considered primarily as revenue targets for finished products. By becoming active participants in the network, their roles are improved as they can function as investors through crowdfunding exercises, and also get rewarded for curating functions that they carry out.

There is a missing balance in the existing system which deprive participants, especially smaller businesses and indie content creators the opportunity to find funding. Decentralized crowdfunding on Blue Baikal neutralizes this deficiency and ensures that there is a level playing ground for everyone to find expression.

※ Our project introduction : https://www.bluebaikal.io
※ Our alpha version (Steem Based) : https://www.bluebaikal.com/